How disruptive product innovation and monetising India’s gold can drive financial inclusion for all

India has a population of more than a billion people. However, only 70 million people have access to some form of credit, despite a tremendous need for credit among the…

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Bessemer Venture Partners announces first India-focused fund

US-headquartered  Bessemer Venture Partners has announced its first India-dedicated fund of $220 million. The fund which deployed capital from its global fund in India previously, will back early-stage companies…

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[Funding alert] Edtech platform Adda247 raises $20M in Series B led by WestBridge Capital

Adda247, a Gurugram-based multilingual edtech platform providing online courses in nine languages, has raised Series B funding of approximately $20 million led by WestBridge Capital. The round also saw participation…

Continue Reading[Funding alert] Edtech platform Adda247 raises $20M in Series B led by WestBridge Capital

Daily roundup (November 30, 2021)

Simplilearn concludes maiden ESOP buybackAfter raising $250 million from global private equity firm Blackstone earlier this year, Bengaluru-headquartered edtech platform Simplilearn has announced the conclusion of its first Employee Stock Ownership Plan (ESOP) buyback plan of…

Continue ReadingDaily roundup (November 30, 2021)